Wednesday, 16 April 2014

E-Learning , Your best way to study


Why eLearning?

 The President of Harvard University once said, "If you think education is expensive - try ignorance." Any career necessitates a lifetime commitment to what you do, and that means a commitment to a lifetime of learning. This is perhaps the reason for the explosive growth of the e-learning industry around the world. According to a report by GSV Advisors from Silicon Valley, the global eLearning market is estimated to grow at a Compound Annual Growth Rate (CAGR) of 23% over the next three years, at which time its value will exceed $255 billion by 2017. 

 http://www.zawya.com/story/Elearning_and_network_marketing_go_hand_in_hand_at_QNET-ZAWYA20140318131756/?v=96




Those who achieve the most in life are always learning. They are students of life, students of their mentors, students of their peers, and students of their experiences. Their 'cups are empty', always ready to learn. They seek to improve themselves at every turn. Following the concept of RYTHM, they strive to raise themselves in every way, for the benefit of themselves and those around them.

At the Swiss eLearning Institute, courses are designed for these types of people; both those who aspire to achieve and those who are already
achieving. The thirst for learning and personal development lives in everyone, but is especially evident in networkers. Investing in your future goes beyond financial gain. Investing in your future is investing in yourself; enhancing your personal knowledge and continuing education

The framework of the Swiss eLearning Institute is based on the concept of 'continuing education'; a post-secondary education programme that is set up to provide further enrichment, whether professionally or personally.

Anybody can benefit from continuing education, but the informal and flexible nature of continuing education courses provides a particular advantage to those whose professions are constantly evolving, especially networkers. When we first develop ourselves, other spects surrounding our lives improve also. A healthy mind leads to a healthy body, which leads to a healthy, wealthy life.

Yet, when do you have the time to go back to basics and build on your core skills? How can busy, determined networkers suddenly drop everything they're doing to attend school?

And after all, the power of network marketing is in its ability to be taught and duplicated, without a prerequisite of a university degree or a piece of paper that says 'diploma'. Yet, what is life if we are not learning?

This is where QNET has blended together the skills that make a successful networker, with the academic experts and leading professors at Switzerland's leading online university. The Swiss eLearning Institute recognises that a strictly structured, tightly framed environment like that of a traditional university or classroom setting is not the most suitable for the fast-paced, dynamic and progressive life and busy schedules of networkers. Unlike a normal classroom, eLearning offers a flexible and an informal educational environment tailor-made for professional development. The Swiss eLearning Institute offers well-developed courses, from beginner to advanced to niche, for the modern networker.

Improve yourself today and watch the results in your business. Invest in your own human capital, that of your own and of your team. Invest in your own future, and help improve those around you.

For more information can refer to me , I am Mandy Tang , E-mail address is beeying_1008@hotmail.com , or comment below to get more detail . E-learning is the new and best way for study . 





Dong Siyang, the day Ye Hai Jinke Equity Investment Management Limited CEO, Director. Secretary-General concerned about the next generation of college development fund. By the media as "beautiful, president of 80", "China's top ten beauty entrepreneurs." 20-year-old studying in Singapore ago, 21-year-old home business. 22 years old, Dong Siyang published his biography after "21 years old when the president" has been questioned by the media experience, followed by clarification on its blog. And donated "21-year-old when the president," a book 600,000 Royalty 1,000,000 yuan, advocated the establishment of China's first focus on college students own funds - "Caring for the next generation of college development fund."



1 Profile 

Director
董思阳和阿不来提·阿不都热西提
Dong Siyang and Abulaiti Abudurexiti
Si Yang grew up in study abroad, but the heart of the motherland. July 2007 returning. She is the "80" representatives. She firmly believes that Napoleon Hill words: "As long as you can think of, and believe, will eventually become a reality." and with this positive attitude of young people infected with the contemporary. She with some of the " 21-year-old when the president "had been introduced in China's major bestseller list. She had become a returning hundreds of media, such as "Lu Yu," "Fame," "Star Shang", "People's Political Consultative Conference Report," China Network, China Youth Net, Xinhua, CCTV, Alibaba object chase, Sina and so on. Her 22-year-old University of China in various famous speech (Peking University, Tsinghua University, Renmin University of China , University of Technology). Everywhere she would put hope to bring you positive thoughts, set off a heatwave students actively life.
Since July 2007 returning, she put organic food into China, becoming the first person to eat crab. 董思阳 out of public view since, many young Chinese have been called "spiritual mentor." Her speech footprints major universities across the country, filled with stories of her legendary experience in major media, her "fans" throughout the network, she Alibaba blog since August 2007 blogging to have more than 10 million people in the Visits in Sina 's blog has more than one million visitors visits, Sina was even nominated for the annual "China's top ten education blog" candidate.
She took the lead in the domestic launch organic food new ideas, new ways of advocating organic life; she aspired to become the most outstanding Chinese women entrepreneurs; she sold flowers, jewelry promoters did, did personal assistant, participated in the film performances; She is "80" the only started doing Industrial women entrepreneurs!
She is Dongsi Yang, born in 1985, young girls.
In mid-February, in an interview, the only 23-year-old entrepreneur smile and gracious, sweet; hair, neatly tied back. Her gentle tone, speak orderly, calm and confident. Dongsi Yang told the author that her own life has a very clear division. "When I was 26, I will achieve my company public, 30 years later, most of the time I will be used for public welfare."

2 Business experience 

Team strength

In
思阳和李彦宏在中国企业家年会上
Yang and Li Si Chinese entrepreneurs at the annual meeting
Study in the United States when a nutrition seminar, so 董思阳 first exposure to the concept of organic food. She instinctively aware of which contains a huge business opportunity, an MBA with a friend in Canada hit it off, the two became partners entrepreneurship. The Ins and Outs of investment in returning this consultant and she accomplished a lot together idea.
They learned that the world of organic food consumption are 20% to 25% rate of growth, which in the U.S. organic food trade has more than nine billion U.S. dollars. Although the Chinese share of less than 0.2% of organic food, but the development is very fast, according to experts predict that over the next 10 years China's organic food exports will reach 10 billion to $ 2 billion, the domestic market share will reach 3% to 5% of total food consumption . Get this series of exciting figures, Dong Siyang and specifically to visit the country. Laboratory in Germany, she saw a very short time raising chickens has not grown elsewhere, chicken consumption has been developed for very big. "These growth hormone on children's development will have very bad effects." Surprised but also strengthened her resolve to make organic restaurant, "I want to advocate a healthy diet and dissemination of new ideas."
Late last year, Dong Siyang started preparations for China's first tea restaurant chain "Shakey more." After returning home, the first thing she did recruit, set up the team, but in this last has encountered some minor trouble. In addition to management, catering also need to do a lot of waiters, cooks, staff quality and vision of these employees ever do business with 董思阳 when there is a gap, coupled with long-term in a foreign country and live in Hong Kong and the Mainland of her ideas have different employees, and employee communication is very difficult. "I started to really like to talk about dreams and staff, in order to motivate them, but later discovered that the concept is not the same, it seems that will not work."
董思阳与招商银行行长马蔚华合影
Dong Siyang and China Merchants Bank president Ma Weihua photo
So, with the help of the team's think-tank, 董思阳 in "Shakey more" developed a unique, more "real" incentives. "We have implemented and restaurant turnover linked to hair once every two weeks bonus system. According to my understanding, although many other restaurants bonuses linked to turnover, but only for a la carte, such as direct sales personnel, and staff or kitchen pantry Internal employees can not enjoy in order to mobilize the enthusiasm of each employee, I let a special accounting division calculates a different commission percentage, so that everyone can share the joy of success to the enterprise. "
When located in the center of Shanghai's first prototype store opened, although as many as 210 seats, but on the third day there have been guests queuing unrest. Second store in Pudong will be opening soon in October, Dong Siyang expected to open 20 stores a year in Shanghai, while in Beijing, Guangzhou, Shenzhen and other cities are also plans to open outlets in preparation.
In order to ensure the future development of the chain, Dong Siyang addition to establishing the "central kitchen", plans to build organic production base in Jiangsu or improve the industrial chain Heilongjiang outside in training is also under a lot of work. "We asked the waiter is relatively high, there is a month of training time before open new stores, in addition to understanding organic food and nutrition knowledge, etiquette is very important areas, such as we do not say 'Welcome', but 'Welcome Cross into the field of high quality '. "Because the catering industry mobility is relatively strong, coming in late scattered employees, they will be equipped with a" teacher "guidance. "Our service zoning A, B, C three levels, A-level qualified as a teacher."
"We're done, will have a huge impact on the development of China's food industry, agriculture, feed industry and trade. Hope that foreigners can also line up to join our Chinese restaurant's own health." Talked about his doing career, Dong Siyang totally like a little girl was in his early twenties.

Good neighborhoods

Dong Siyang
董思阳和马云参加亚布力论坛
Dongsi Yang and Ma participated in Yabuli Forum
From the beginning of 17 years, to seize the opportunity to participate in a variety of investment, fairs, met many mentors. Whenever entrepreneurship among the difficulties, she would have to find ways to find expert advice and industry predecessors.
Dong Siyang friends very much, but one of their peers are few. "Probably because I always think about the things the company has experienced relatively abundant, but the generation gap and peers have friends all around the age of 30 or even 40 years or older."
These friends on her road to success has played a crucial role. "I was pretty cheerful person, I thought of doing, but later found to have done certainly do not know the place, in addition to buying professional books read, I will ask to seniors and key players quickly learn the essence of the book knowledge large and of smaller, faster to use. advice to others to be diligent, humbly beg to ask. book knowledge is certainly valuable, but to learn life and work experience, they will need to learn. "
Dong Siyang 16 years old, met her mentor in the business. She was occasionally reported by the job posting on the candidates for the investment from Hong Kong to Singapore, chairman of a listed company as a temporary personal assistant. It was her first contact with the dream of entrepreneurs, "That's more than two months to improve my biggest and most memorable day."
She followed the chairman visited many bankers, lawyers and businessmen, when negotiations do 董思阳 aside Minutes. Gradually she found that the techniques used in negotiations with the book she imagined and very different. "Tend to write the book as a starting point of their own interests, to earn a penny a minute, but she tends to say in the negotiations 'What are the benefits of our program to you is, how much your return is expected.' "It was Dong Siyang do not understand, do not do business just to make money? Why does it talk about someone else's gain? "Later she told me that business must first learn to behave. Standing on each other's interests, do not care about will have a great reward. Care about you, I think that people do not know that he knows that he knows will If you pay with your care, and that the rewards will certainly be - This completely broke my previous way of thinking, of doing things with new thinking "
董思阳
Dong Siyang
In preparation for an organic restaurant in董思阳encountered a puzzle: the domestic consumer awareness of organic food value of the process takes a while, we conducted education and publicity, but probably 70% of the customers did not believe that only 30 percent would give it a try. Moreover, the high cost of organic restaurant, but we do have the popular chain, the price is not too high, how to realize their profits in order to ensure the long-term development?
So she found a Pizza Hut brand general manager of China to ask, lessons learned are: first, to have two menus, organic specialties, but also a basic menu cafe. Second, if the profits do not consider the promotion, lost two certainly barely.
After careful thought, Dong Siyang identified two solutions. First, an organic restaurant and cafe , coffee shop concepts together, so even if the encounter does not accept organic customer, you can also choose inorganic dish. Take into account the needs of ladies, the elderly and other types of consumer groups, also launched a blood packages, nutritious breakfast (yogurt, cheese, cereals, etc. specifically for diabetes, high blood sugar in patients with eating aspartame and food), and other characteristics of thin beauty Organic packages. These cooking with olive oil and pure water, organic green vegetables as the main raw material, to ensure that the natural nutritional and health value of food.
In addition, the road is to take small profits, with kale, for example, if the cost is 1.5 yuan inorganic, organic cost is $ 3. Other common inorganic kale store selling $ 18, we refined organic steamed kale to sell 22 yuan, although the price is slightly higher, but not significantly make consumers feel expensive.
"Before we focus on stable development, restaurant service and flavors such as stability, not mass advertising to advertise." In this way, she won the first game victory. "In the past three months will be heard before doing catering lose money, but we achieved the first month of the balance of payments tie."
"A lot of older entrepreneurs experience and judgment stronger than me, but I fearless, not afraid of failure, a stronger spirit of innovation." Even teachers and seniors compared Dong Siyang there is still a great deal of self-confidence.
The way of its own success encountered numerous mentors and horses, now 董思阳 On the future plans and dreams, the biggest desire is to establish separate funds, to provide an opportunity for people who need help.
Contribute to the community: for others when horses
Many people have asked Dong Siyang
董思阳
Dong Siyang
"If you do not have such a good family, no chance to study in Singapore, whether there will be a success?" In retrospect, she did not deny the family a vital role in the growth. But her parents to give her more of a spiritual thing, honest, loving, broad-minded, and other outstanding qualities. But in the venture, Dong Siyang parents did not use a penny, Singapore is also studying while working side to learn, learn to take care of their lives as soon as an independent.
At that time, she was two meters from the campus of the jewelry store to start, learn sales , accounting , accounts do a lot of knowledge. Adequate supply of the mainland because it was discovered, cheap, only 17 years old, she also specifically to buy Singapore Yiwu rare trinkets. "Most of the time, I go to school in the morning, at noon and distribution chicken rice in the afternoon to go to school to teach dance in the evening to jewelry stores do account , in the evening to attend some training courses or chamber of commerce activities. had to deal with online orders after returning home ...... "Even in When the United States read MBA, she will try to compress the curriculum in later this week, leaving enough time to deal with affairs of the company back to Singapore. "The experience I set up the team to build and manage their own enterprises laid a solid foundation."
"I would say, people's subjective to some extent, will determine objectively Do not care about the origin, family and other objective factors when you are determined to succeed, there is a strong ambition to become a leader and continue to improve yourself, you will found around bad friends gone, and you followed was equally good, equally aggressive and a friend to help you grow and succeed in the environment. "
Dong Siyang to university lectures, I often see a lot of other "80" of young people with an entrepreneurial impulse, but suffer from lack of funds, lack of horses. So, young people her and think tanks in the country is preparing to want to start planning for the establishment of a "little angel venture capital fund", "This is ongoing, they can write proposals, we will provide 500,000 to one million yuan funds. "
In addition, she also plans to do a before the age of 30 to help people with disabilities foundation, excavation disabilities advantage of providing employment opportunities for them to reduce the burden on families and the country. "A potential Master once said, 'When you have an incredible goal, you will have an incredible life changing.' Subconscious, I find it really can gradually burst of energy, 'incredible goal' began one transformed into reality. "

3 Entrepreneurial legend 

Legend

Beginning

An embrace of dream girls, dare dare to dream Dong Siyang nature of childhood, and she is full of infinite justice, like the others did not dare to do the challenge from the 15-year-old came into contact with the community, began to have some practice, As the foreign education is usually half-day, morning reading in the afternoon you can work and earn some of the temporary use of money, but because of young age, the direct purpose of work is to make temporary use of money. So the first job is to do a lot of decorations store salesman .

Change

That
写真
When the first change to her life, she was from a young girl does not talk to the General Assembly, became a master of communication, from the psychological to understand the customer's initial conversations with customers on a general understanding of customer needs ... ... slowly discovered that knowledge of these social practices is so important, and these are precisely the schools less than the theoretical knowledge learned. So from the temporary use of money just to make the idea slowly into its own in this society really want to learn the idea of ​​a large classroom experience points. So from the beginning of the age of 15 living part time in life, did the salesman , marketing staff, office assistants, etc., to learn the business world but also the most important basic skills, such as sales , marketing, management, public speech, promotion and so on. But the end of year exams each semester is unusually good, originally had practical experience, theoretical understanding is relatively more easy.
So at the age of 17 until the day I picked her to the bookstore to get a book is her second life-changing, although at that time no intention to get this book is a completely entered her life goal of enlightenment book, It is the " Legend of Chinese entrepreneurs in Asia , "remember this book is very thick, which has introduced 100 outstanding entrepreneurs story, and the price of this book is twice the thickness of an ordinary book, then she did not know Where to share this passion did not hesitate to buy this book.
Remember that night reading the Pro morning 3:00, first read the legend that I was her most admired Li Ka-shing 's business history ...... because then she was deeply moved by the history of the pioneering entrepreneurs. Each page of the book, I took notes, almost every page covered with tears touched me. From the age of 17 she has finally found its own magnificent and clear goal, that is to become the most successful in the history of Chinese women entrepreneurs. 17 years from the beginning of his ideas began to sublimate entrepreneurs determined to do a benefit society and people, and must be determined to help more people.
The third change your life but it is a strange butterfly effect . That just leave school early in the morning was awakened by the phone ringing, the original is the best friend she had a car accident, and quickly rushed to the hospital, saw the driver accidentally hit a friend, but found his attitude is very good because friends are okay, they leave the hospital the same day, but handed the driver a friend, that he is an internationally renowned success guru Chen 's disciples, and to us recommended Chen's teacher forthcoming courses, but the price but then I am a student reading a book is really a very expensive, 3 days 2 nights 3,000 new currency, which is 15,000 yuan, when I refused on the spot, but also thinking about going to the bookstore to buy a book to read Chen also can acquire knowledge.
思阳生活照
But the disciple was very persistent series of three days non-stop call me and advised to be successful it must open pattern, and the fastest way is to participate in this international program of investment above the neck area. Into a cycle of learning environments and systems. Finally, I asked myself how to be successful in the end? My heart is steadfast answer must succeed. So I put all the money that month reported the name. Registration begins sent money, I began to regret it, other voices in my heart to do strange, 'This month the money to pay the tuition, how had it' three days so short, really change a person? "Wait regret as these strange words until I walked into the classroom, into this vibrant environment, saw one outstanding entrepreneurs, she began to laugh, and understand that this is what I want environment, this is really her most correct choice!
After that Chen's passionate speech teacher, taught me more determined to make her dreams! More firm belief that she must succeed! That is, from 17 on, I fell in love with this international learning environment, energy and many fell in love with this very talented entrepreneurs communication platform, fell in love with this opportunity will allow me to continue to challenge themselves, after a very outstanding international lecturers, Chen, Lin Weixian , Aimo will appear on the audience, such as a classroom instructor youngest student that is me. By participating in a series of international courses, and constantly challenge yourself to me, full of boundless energy, to enter into a higher goal, as many entrepreneurs, the most prominent one student.
The pot of gold is her life by doing business earned. That year I was 19 years old, some companies often participate in the summit, business forums, trade fairs, etc., there are some opportunities to do business we can communicate, at a trade fair business, met a Malaysian garden suppliers, was on is soon coming Lunar New Year in early December, when the Chinese in Singapore to discuss a fortune, almost every household to buy a two strains of orange trees, but very few orange trees from tropical Singapore, during this time a lot of garden shop boss talks with a number of countries around the things imported orange tree, and I was feeling right then is a good opportunity to make money, so just one provider in Malaysia to discuss the garden, his lowest 8 strain of the new currency, and I Youyi relatively low purchase price quotient 15 new currency to them, the price in Singapore, a lot of bosses value my garden that are imported from Malaysia to the orange tree, I have to purchase, so I just started only 20 shipped Later, once the season orange tree to transport 100, just a couple of months she earned more than 20 million yuan, she was only 19 years old.

Register Company

After earning his pot of gold she and her friends officially registered their company to do the trade. Such as import and export of small computer equipment, software, etc. from the Chinese mainland to Hong Kong, China to Southeast Asia to North America and other places, in 2005 the company also made ​​their logistics and human resource deployment and other services, the annual earnings limit is a peer of the most leading, we Not only do companies trade and logistics, also extending their derivatives to real estate and hotel industry, in their businesses formally enter the Chinese market, we first concern is the health of the quality of our citizens, this is a very profound topic, we eat not only did the food nutrition, and harmful to our bodies, since they are the catalyst and put on our body very harmful pesticides fruits and vegetables, and in some developed countries have realized the dangers of this, natural organic food in the United States has accounted for 60% of the total amount of food. And I believe this industry is full of a sense of mission in China is a very big opportunity, and her company is also about to open at the beginning of China's first healthy organic cafes .

4 Social Impact 

In State Enterprise Association
Wisdom, vice president of Women in Asia
China's outstanding women standing
China's youngest best-selling author
80 outstanding representatives
July 2005 was in Singapore as Asia's most promising women entrepreneurs of the Chinese General Chamber of Commerce.
February 2007 was named "pure" magazine and the China Business Times patriotic Chinese
November 2007 was named the World Association of Chinese Private Economy Celebrity Entrepreneurs of the Year
December 2007 has been learning Chinese as the success of the Forum Organizing Committee of the 80 Century Learning Entrepreneurs
May 2008 was named China's top ten beauty CEO Media
October 2008 to become China honors outstanding women Association executive director
December 2008 honorary director of China's National Council of Entrepreneurs
And the "Preface lecture" many domestic universities invited experts, Chongqing Technology and Business University, School of Management, business mentor, Distinguished Professor of Wuhan University Students Entrepreneurship Network, Qingdao Technological University Entrepreneurship employment consultants, advisors mentor
Also invited to participate in Shanghai hosted the highest-rated TV financial programs "to work this little thing."
May 2009 donated one million yuan to set up the next generation of college students interested in the development of the next health care fund in China Sports Foundation under

5 people Quotations 

Quotations

About Venture

There are basically three entrepreneurial orientation to consider: First, consider the personal factors, you want to start, individual factors are important, there are several aspects of personal factors. Such as attitude, character strengths, whether suitable for business, as well as entrepreneurial skills.

About Teamwork

To want to start, the team is very important, entrepreneurship is definitely not a man 's thing, so you have to find the appropriate team, the team have complementary team have common values. Team is indispensable four kinds of people, marketing experts, financial experts, expert practice, perform expert.

About Philosophy

"Assuming the wolf, the wolf was still eating, wolves will certainly complain that people do not taste good and I used a vivid metaphor to tell you that with the changing times characteristic of human genes have undergone great changes people are no longer so strong naturally before, but this time the ecological crisis has become a global problem, as long as you have a strong sense of mission, I can represent 80, we determined our poor power to ignite the world. "

About personality factors

Character is basically divided into four categories, the ability to type, active type, the perfect type, type of peace. You have to analyze yourself in the end is what type. For example, the ability to type particularly suitable for business, because his pioneering spirit, setbacks can also get up. Peace may be more suitable type of people employed, such as civil servants was particularly good, but the chances of promotion are particularly high.
 
 
News about Dong Si-Yang
 
 
 
 
 

Sir Ka-shing Li

Sir Ka-shing Li, GBM, KBE, JP (born 29 July 1928 in Chaozhou, China) is a Hong Kong business magnate, investor, and philanthropist. According to the Bloomberg Billionaires Index, as of October 7, 2013 he is the richest person in Asia, with a net worth of $28.8 billion. He is the Chairman of the Board of Hutchison Whampoa Limited (HWL) and Cheung Kong Holdings as of 2008; through them, he is the world's largest operator of container terminals and the world's largest health and beauty retailer.
Considered one of the most powerful figures in Asia, Li was named "Asia's Most Powerful Man, Li Ka-Ching" by Asiaweek in 2001. His companies make up 15% of the market cap of the Hong Kong Stock Exchange. Forbes Magazine and the Forbes family honoured Li Ka-shing with the first ever "Malcolm S. Forbes Lifetime Achievement Award" on 5 September 2006, in Singapore. In spite of his wealth, Li has cultivated a reputation for leading a no-frills lifestyle, and is known to wear simple black dress shoes and an inexpensive Seiko wristwatch, which is at odds with the house he owns in one of Hong Kong's most expensive precincts, Deep Water Bay in Hong Kong Island. Li is also regarded as one of Asia's most generous philanthropists, donating over US $1.41 billion to date to charity and other various philanthropic causes. Li is often referred to as "Superman" in Hong Kong because of his business prowess. Because of his wealth, he is regarded as a celebrity, and even has a wax statue in his likeness (the only non-artist to have one in Hong Kong). See: Li Ka-shing wax statue in Hong Kong
Li Ka-shing was born in Chaozhou in Guangdong province, China, in 1928 to Teochew descendants. Due to his father's death, he was forced to leave school before the age of 15 and found a job in a plastics trading company where he laboured 16 hours a day. By 1950 he was able to start his own company, Cheung Kong Industries. From manufacturing plastics, Li led and developed his company into a leading real estate investment company in Hong Kong that was listed on the Hong Kong Stock Exchange in 1972. Cheung Kong expanded by acquiring Hutchison Whampoa and Hongkong Electric Holdings Limited in 1979 and 1985 respectively.

Business career

A Harvard Business School article summarises Li's career in the following way:
From his humble beginnings in China as a teacher's son, a refugee, and later as a salesman, Li provides a lesson in integrity and adaptability. Through hard work, and a reputation for remaining true to his internal moral compass, he was able to build a business empire that includes: banking, construction, real estate, plastics, cellular phones, satellite television, cement production, retail outlets (pharmacies and supermarkets), hotels, domestic transportation (sky train), airports, electric power, steel production, ports, and shipping.
A publication by Joe Studwell called Asian Godfathers, however, unveils that the rags-to-riches myth in which many south-east Asian tycoons shroud themselves, applies as little to Li Ka-Shing as it does to other tycoons in the region:
In reality, Li went to school for a couple of years and then started working for a wealthy uncle (from the family that owns Hong Kong's Chung Nam Watch Co.). Subsequently he became part of an important subcategory of tycoons who got ahead, in part, by marrying the boss's daughter.
Li's businesses cover almost every facet of life in Hong Kong, from electricity to telecommunications, from real estate to retail, from shipping to the Internet. The Cheung Kong Group's market capitalisation is HK $647 billion (US $82.9 billion) as of December 2009. (This includes some double counting of the Group's controlling stake in 12 listed companies around the world.) The group operates in 55 countries and employs over 260,000 staff worldwide.

Plastics manufacturing

In 1950, after learning how to operate a plant, Li founded a plastic manufacturing company in Hong Kong with funds borrowed from family and friends and contacts he cultivated as a salesman. Li avidly read trade publications and business news before deciding to supply the world with high quality plastic flowers at low prices. Li learned the technique of mixing colour with plastics that resemble real flowers. After retooling his shop and hiring the best technicians he could find, he prepared for weeks for the plant visit of a large foreign buyer. Impressed with the quality of Li's plant, the buyer placed a large order. A few years later, Li grew to be the largest supplier of plastic flowers in Asia and made a fortune selling them.

Real estate

In 1958, unable to renew the lease for his company, Li was forced to purchase and develop a site by himself. An opportunity to acquire land arrived after the 1967 riots were in full swing when many people fled Hong Kong. As a result, property prices plummeted. Li, believing the political crisis would be temporary, and property prices would eventually rise, bought parcels of land at low prices. By 1971, Li officially named his real estate development company Cheung Kong (長江實業), named after Cheung Kong, (Chang Jiang or the Yangtze River) the longest river in China.[citation needed]
Cheung Kong Holdings was publicly listed in Hong Kong Stock Exchange in 1972. During board meetings, Li stated on a number of occasions his goal of surpassing the Jardines-owned Hongkong Land as a leading developer.
The successful bid by Cheung Kong for development sites above the Central and Admiralty MTR stations in 1977 was the key to challenging Hongkong Land as the premier property developer in Hong Kong. Despite its size, Jardines decided in the 1980s to protect itself from hostile takeover by Li or other outside investors. The company implemented a cross-shareholding structure that was designed to place control in the hands of Britain's Keswick family despite their less than 10% holdings in the group. In 1984, the company also moved its legal domicile from Hong Kong to another British overseas territoryBermuda, in anticipation of the transfer of sovereignty of Hong Kong to People's Republic of China in 1997.[citation needed]

Ports and electricity

In 1979, Li closed a unique transaction and acquired his current flagship company Hutchison Whampoa Limited from HSBC. The purchase created a massive conglomerate with business interests in multiple industries. The most notable branch of his business is the investment in container port facilities around the world, including in Hong Kong, Canada (Deltaport in Vancouver), China, the United Kingdom, Rotterdam, Panama, Bahamas and many developing countries. In total, Li's businesses control 13% of all container port capacity in the world.[citation needed]

Retail

A subsidiary of Hutchison Whampoa, the A.S. Watson Group (ASW) is a retail operator with over 7,800 stores. Its portfolio encompasses retail brands in Europe such as Superdrug (UK), Marionnaud (France), Kruidvat (Benelux countries), and in Asia including health and beauty retailer Watson's store and wine cellars et al., Park'n'Shop supermarkets (and spin-off brands), and Fortress electrical appliance stores. ASW also produces and distributes water products and beverages in the region.

Asset trader

Hutchison Whampoa group has the reputation of being an astute asset trader. It frequently builds up new businesses and sells them off. Huge profits were obtained in the sale of its interest in Orange to Mannesmann Group in 2001, making a profit of $15.12 billion. In 2006 Li sold 20% of Hutchison's ports business to Singapore rival PSA Corp., making a $3.12 billion profit on a $4 billion deal.
Recently Hutchison Telecommunications, nearly 50 percent owned by Hutchison Whampoa, sold a controlling stake of 67% in Hutchison Essar, a joint venture Mobile operator in India, to Vodafone for $11.1 billion. It had invested roughly $2 billion earlier.

Pyramid structure

Like many Asian conglomerates, the Li Ka-shing group is structured to retain disproportionate control without incurring the cost of owning an equivalent economic interest. This separation between control and interest is accomplished through pyramid structure, dual-class equities and cross-holdings.[citation needed] While such structures are rarer in the US and UK, they do exist. For instance, Google uses a dual-class structure to give its founders and insiders 10 votes for each class-B share while the general public is offered class-A shares with 1 vote each.

Internet and technology

Li has also made a foray into the technology business, where his investment and venture capital firm Horizons Ventures is specifically allocated towards backing new internet and technology startup firms, bought a stake in doubleTwist. His other firm, Li Ka Shing Foundation bought a 0.8% stake in social networking website Facebook for $120 million in two separate rounds. and invested an estimated $50 million in music streaming service Spotify.
Some time between late 2009 and early 2010, Li Ka-shing led a $15.5 million Series B round of financing for Siri Inc.
In 2011, Horizons Ventures invested in Summly, a website-summarizing app. Notably, the investment made Nick D'Aloisio, Summly's founder, the world's youngest person to receive a venture capital investment at just fifteen years old.
In 2012, Horizons Ventures invested $2.3 million in Wibbitz, a company that provides a text-to-video technology that can automatically convert any article post or feed on the web into a video in a matter of seconds.
In August 2012, he acquired a stake in Ginger Software Incorporated.
In 2013, Horizons Ventures invested in Bitcoin payment company BitPay.

Others

Besides business through his flagship companies Cheung Kong Holdings and Hutchison Whampoa, Li Ka-shing also personally has extensively invested in real estate in Singapore and Canada. He was the single largest shareholder of Canadian Imperial Bank of Commerce (CIBC), the fifth largest bank in Canada until the sale of his share in 2005 (with all proceedings donated, see below). He is also the majority shareholder of a major energy company, Husky Energy, based in Alberta, Canada.
In January 2005, Li announced plans to sell his $1.2 billion CAD stake in the Canadian Imperial Bank of Commerce, with all proceeds going to private charitable foundations established by Li including the Li Ka Shing Foundation in Hong Kong and the Li Ka Shing (Canada) Foundation based in Toronto.
Li has some real estate interest in Vancouver, specifically in connection with Concord Pacific Developments that developed the old Expo '86 lands in Yaletown[citation needed], as well as Concord Park Place and CityPlace, Toronto in Toronto.

Personal life

His two sons, Victor Li and Richard Li, are also prominent figures in the Hong Kong business scene. Victor Li works directly with his father as managing director and vice-chairman of Cheung Kong (Holdings) Limited, while Richard Li is the head of PCCW, the largest telecom company in Hong Kong. They are both Canadian citizens.
Li is famously plainly dressed for a Hong Kong tycoon. In the 1990s he wore a $50 timepiece from Citizen Watch Co. and plain ties. He now wears a Seiko.
Even at his age, Li remains physically fit, and says that no matter what time he sleeps at night, he gets up before 6 am each morning to play golf for about an hour and a half. His golfing partner is Hong Kong movie mogul Raymond Chow. Li says that during that time, '...the ninety minutes that I have are mine.' His preferable amount of time for sleep is eight hours. It is also said that he walks on the treadmill for fifteen minutes a day at noon.

Awards and honours

Politics

On 4 August 2011 at the interim results announcement for Hutchison Whampoa, Li endorsed Tang for the forthcoming chief executive election and praised him for five full minutes. Then Li let slip and said "You all can be just like me, one-person-one-vote (一人一票)." The media then looked at Li in disbelief, and pointed out that regular citizens do not get one-person-one-vote. Li then tried to laugh it off and said "maybe in 2017 they will have one-person-one-vote to choose the chief executive, I probably just said it a little early."

Charities

Li Ka Shing Tower in Hong Kong
  • The Li Ka Shing Centre in Cambridge, England, houses a Cancer Research UK facility, which is a part of the University of Cambridge. The Centre was named after Mr Li following a £5.3 million donation, and was opened in his presence in May 2002. The Li Ka Shing Foundation endowed a professorship of oncology at the university in 2007 with a subsequent gift of £2 million.
  • In November 2002, the Cheung Kong Graduate School of Business in Chinawas founded with a large donation from the Li Ka Shing Foundation.
  • The Li Ka Shing Library at the Singapore Management University is also named in his honour after a US$11.5 million donation in 2002 to the higher education institution.
  • In 2005, Li announced a HK$1 billion (US$128 million) donation to the Faculty of Medicine, University of Hong Kong. It was renamed to Li Ka Shing Faculty of Medicine on 1 January 2006, which provoked controversy between the university and a few alumni of the faculty, notably Kwok Ka Ki, over the university's naming procedures.
  • Also in 2005, Li donated US$40 million to the University of California, Berkeley, citing that he was impressed with the university's accomplishments in the biosciences. In recognition of Li's donation, the university has named the campus' new biosciences facility the Li Ka Shing Center for Biomedical and Health Sciences, which opened in October 2011.
  • On 9 March 2007, Li Ka-shing contributed $100 million to the Lee Kuan Yew School of Public Policy in the National University of Singapore. Also, "to honour and recognise Dr Li's support and generosity, LKY SPP will name one of its three buildings at the historic Bukit Timah Campus after him".
  • Li Ka-shing donated C$25 million to St. Michael's Hospital in Toronto to found the Li Ka-Shing Knowledge Institute, which will serve as a medical research and education centre in downtown Toronto.
  • Li Ka-shing donated C$ 25 million to the University of Alberta to found the Li Ka-shing Institute of Virology.
  • Li Ka-shing (through the Li Ka-shing foundation) donated HK$30 million (US$3.85 million) to aid relief efforts in the 2008 Sichuan earthquake
  • In 2013, Li Ka-shing donated US$2 million to the University of California, San Francisco to support their advance precision medicine initiative. The funds will be used to build a worldwide network of clinicians and researchers, launch leadership exchanges between UCSF and China, and create a systems-pharmacology program to develop more precise medications.



    New about Sir Li Ka-Shing http://www.forbes.com/profile/li-ka-shing/